Institution # Borrowers Portfolio (US$) Products Age of Data
CCODE2,351642,4374135
CUMO48,013593,9572135
FINCA29,9273,752,1033135
FINCOOP4,221273,9046135
FITSE8,790649,4084135
MARDEF166,5752,550,5821135
MLF MWI24,3641,698,1283135
MRFC1,77200135
NBS1,000974,3591161
OIBM52,6499,227,4884135
Please note that the information you are viewing is 159 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Corporación Nariño Empresa y Futuro Calle 17 No. 29-31Pasto, Nariño
Data approved: 2011-08-01
Data version: 1
Age of data: 159 months

Product

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Product Details

Key Statistics
Outstanding portfolio (COP)COP 2,728,408,333
Portfolio (USD)USD 1,499,125.46
Active Clients with Loans204
Approximate % Female Clients40% - 60%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity groupx
Village bankingx
Self help group
Other
Description
Crédito superior a 25 SMMLV para microempersarios urbanos y rurales, que cuenten con antigàŒedad mínima de 6 meses en su actividad económica
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherPrincipalmente para capital de trabajo y activos f
Other (2)Sustitución de pasivos
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
OtherEventualmente capacitación y asistencia técnica
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyCOP
Minimum loan sizeCOP 12,875,001
Maximum loan size103,000,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term60.0 months
Approx average17.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end paymentx
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest23.77%
Highest quoted nominal interest23.77%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionCostos Administrativos
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min10,000
Fixed amount - max10,000
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Fees
Fee 1
DescriptionCostos Administrativos - Pagado diferido con las primeras cuotas para algunos prestamos.
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min3,000
Fixed amount - max3,000
Reason for variationN/A
Appears on Repayment Sched?Yes
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
Ins 1
DescriptionSeguro de proteccio de prestamo
% of loan amount - min7.00%
% of loan amount - max7.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Comercial samples
Sample 1Sample 2Sample 3
Loan AmountCOP 15,000,000COP 27,092,425COP 40,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2011-03-152011-01-152011-02-23
Loan Term (Months)24.0 months36.0 months36.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component21.3%21.3%21.2%
Insurance Component1.4%1.4%1.3%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)22.7%22.7%22.5%
Transparency Index100100100
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Comercial Price Graphs


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Key Statistics
# Samples:
# Products
# Institutions
# Countries
# Borrowers
Loan Portfolio (USD)
% Products using declining balance
% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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